Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...
Tags: Brent oil, Oil prices
Nissan announced today that a new 5.6-liter Endurance V8 gasoline engine, assembled in Decherd, Tennessee, will be available in the all-new TITAN and TITAN XD full-size pickup trucks, completing the first phase of the "American TITAN" ...
The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
The Asian gasoil market saw a sharp reversal in fortunes this month as higher exports from India and North Asia and weakness in Europe, despite the cold season, clamped shut arbitrage outflows from Asia, resulting in a buildup in supply ...
Tags: Gasoil, sulfur gasoil
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
The cash price for CARBOB gasoline in Los Angeles, California, climbed 14 cents/gal Wednesday, supported by nearly 1 million b/d of refinery capacity affected by unplanned maintenance issues. Los Angeles CARBOB was assessed at NYMEX ...
Tags: CARBOB gasoline, Unleaded gasoline
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...
Unseasonably strong gasoline demand is proving for US refiners to be the gift that keeps on giving this holiday season, as support from seasonal diesel demand is tamped down by record high temperatures across much of the US. Gasoline ...
Ford has started the production of its 2016 Ford F-150 pickup truck, which runs on clean-burning compressed natural gas, at its Kansas City assembly plant. With the commencement of the vehicle Ford has become the only automaker to ...
Tags: Ford, 2016 F-150 Pickup Trucks, compressed natural gas
South Korean automobile major Hyundai Motor has launched a G90 luxury sedan under its new premium brand Genesis. The G90 large-size sedan is the first of six luxury car models that Hyundai plans to introduce under the Genesis brand by ...
Tags: G90 luxury sedan, Luxury Sedan
Hyundai is planning to introduce its advanced alternative-fuel compact vehicle IONIQ in South Korea next month. The car will be available in electric, plug-in gasoline/electric hybrid, or gasoline/electric hybrid powertrain. Hyundai ...
Tags: Hyundai, compact vehicle IONIQ, PHEV
TruStar Energy, one of the nation’s leading developers of Compressed Natural Gas (CNG) fueling stations, announced today that it has completed construction of a private CNG fueling station for FCA US LLC. Located at the company's ...
Tags: TruStar Energy, Natural Gas
US based internal combustion engine maker Achates Power has received $9m in funding from the US Department of Energy's Advanced Research Projects Agency – Energy (ARPA-E) to develop an opposed-piston, gasoline compression ignition ...
Indonesia's state-owned oil and gas company Pertamina has signed a heads of agreement for a $5.5 billion upgrade of the Cilacap refinery with Saudi Aramco, president director Dwi Soetjipto said in a statement Thursday. The project is ...
Tags: crude distillation, refinery, sour crude
The unveiling of final renewable fuel requirements for US refiners ignited a rally in gasoline futures Tuesday, helping support the rest of the oil complex. The front-month gasoline crack, basis ICE Brent, reached $13.61/b Tuesday, its ...
Tags: RBOB, gasoline, Renewable Fuels